Listing Agent: Omar Elminoufi      Broker/Office: Beach City Brokers, Inc.
1862 Washington Lemon Grove CA 91945
$ 999,900
  4   |    3   |    1922 Sq Feet

Listing ID

#260009226SD

Status

Active

Property Type

Single Family Residence

County

San Diego

Neighborhood

Lemon Grove

Year Built

1960

Days on website

8

Description
Beautifully remodeled 3 bed, 2 bath home (1,330 sq ft) PLUS an attached 1 bed, 1 bath ADU (592 sq ft) with private entrance and washer/dryer hookups, ideal for immediate rental income or multigenerational living. Beyond the remodeled home and ADU, this is a rare value-add opportunity, situated on a fully fenced, mostly flat ~0.45 acre lot with gated rear access from Sarawak Dr, the property offers exceptional usability with ample space for additional parking, RVs, boats, work vehicles, or future development. Strong upside potential with the possibility of a lot split under SB-9. A hypothetical land value appraisal has been completed for the rear portion of the lot (9,801 sq ft) at an estimated value of $295,000 (see attached), and supports future residential use as a potential highest and best use (buyer to verify all development possibilities, zoning, lot split feasibility, permits, and requirements with the City of Lemon Grove). The property combines a turnkey primary residence with immediate income potential and longer-term flexibility, all within a centrally located neighborhood with convenient access to freeways, shopping, and dining.
Location
Financial Information
List Price:  $ 999900
Property Features
Appliances:  Dishwasher, Disposal, Microwave
Construction Materials:  Other, Stucco
Cooling:  Zoned
Heating:  Electric, Zoned
Interior Features:  Workshop
Levels:  One
Parking Features:  Driveway, Gated, Oversized
Roof:  Shingle
Senior Community YN:  false
View:  Neighborhood
Water Source:  Public
Senior Community YN:  false
MLS Area Major:  91945 - Lemon Grove
City:  Lemon Grove
Listed By:   Omar Elminoufi   Beach City Brokers, Inc. 
Co-listed by
Brett Bowman  
CA Lic#